INTRADAY OUTLOOK 07/12

INTRADAY OUTLOOK
US Markets ended positive on Friday.Dow Jones ended up 23 points and
Nasdaq ended up 21 points Europe markets ended positive. Asian markets
trading mixed. Expect Indian Markets to open flat and trade
rangebound.
Nifty: (5109) the support for the Nifty is at 5080 - 5010 and the
resistance to the up move is at 5157 -5181


STOCK BEEPS
-3G auction scheduled to be completed by March  Says Raja
-Bank of Rajasthan board approves QIP of Rs 250 crore
-Edserv proposes to raise $500 million via ADR/GDR/FCCB
-GVK Power buys 17% stake in BIAL from L&T for Rs 686 crore, ups its
stake to 29%
-GMR to raise Rs 13,000 crore for power & road projects
-Elantas Beck India delisting offer at floor price of Rs 219.10/share
(CMP: 472)
-Apcotex Ind buy back at maximum Rs 90/share (CMP: 80)
-Tata Motors starts signing land deal for Nano project in Sanand
-The Aga Khan Fund to lower it's holding in DCB from 24.68% to 10% in
next 3-4 years to adhere with regulations – Mint
-Corus to shut 3 plants in UK following failure to find alternative
long-term buyer, to result in loss of 1700 jobs versus earlier
estimate of 2300
-Tata Motors in focus, Jaguar's UK sales at 1463 Units in November;
Growth of 50%
-State Bank of Mysore approves draft letter of rights issue (Rs 600
crore)
-Alstom - Bharat Forge JV sets up facility to manufacture 5000 MW
Power equipments at Mundra Port and Special Economic Zone
-Octant Interactive Board meet on December 8 to consider demerger of
the finance division into separate company (stock dn 5%)
-NTPC signs gas sale agreements with GAIL, IOCL, BPCL
-NuTek Board meet today to consider stock split


INTRADAY BEEPS
BUY LITL TARGET 600 SL 585
BUY GSPL TARGET 109 SL 97
BUY ICICI BANK TARGET 885 SL 867
BUY ESSAROIL TARGET 152 SL 143
BUY OPTO CIRCUIT TARGET 227 SL 218
BUY JM FINAN TARGET 47 SL 41
BUY KARNATAKA BANK TARGET 135 SL 126
BUY JB CHEM TARGET 61 SL 52
BUY TVTODAY TARGET 148 SL 138

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ROCKET STOCK.... GUJARAT BOROSIL Ltd

BUY Gujarat Borosil Ltd. at 12/- Target of 17/-

BUY Gujarat Borosil Ltd doing household "BOROSIL" range of labware, scientificware and consumerware products Stock Trading in BSE (Code : 523768) only . EPS 2/- Book Value 15/- PE just 4; Every Year Dividend giving company; This year declared 5% Dividend.

Market may touch NIFTY 5,150 and BSE Sensex 17,250 this Month; FII's are hevily buying stage. Use this correction time for Buy Gujarat Borosil Ltd at 12/- Just Buy and hold 1 month with good appreciation at 100% Profit because company having good Profit Making and Good Dividend giving and good Book value at 15/- Good Dividend Paying company and company having strong fundamentals . All Stocks up 50% to 200% recently; This stock is Pending for up moving in this Small and Mid cap Rally with good Fundamentals and good reserves and Good Profit making company and Good dividend company.

Gujarat Borosil Ltd Trading in BSE; This stock is not participated for this market rally. Last 6 months trading between 10/- to 14/-; So all bulls are eyeing in this stock to grabbing for Good Value stock. Dividend giving 5%; So no risk at all at 12/-.

Lot of Accumulation is going on in BSE by Company circle people and operators Because Company good value at 12/- Some Good News coming out soon. Just Buy and Hold up to 1 month will touch 17/- & 23/- minimum.

Gujarat Borosil Ltd recorded total Revenues of 93 Crores and Net Profit 6.8 Cr for the year ending 2008-2009 EPS 1/- for 2008-2009 and Revenue of 21Cr and NetProfit of 1 Cr for June Quarter ended 2009-10.

Gujarat Borosil Limited (GBL) was promoted by Borosil Glass Works Limited manufacturer of well known and household "BOROSIL" range of labware, scientificware and consumerware products to setup its most modern sheet glass plant at Govali, Dist. Bharuch ( Gujarat ) in 1994.

GBL manufactures finest quality sheet glass in the country and is the largest exporter in this segment.

GBL in due course plans to enter manufacture of Float Glass, reflective glass and other end products with commitment to provide best value for money to its esteemed customers.

Company Having lot of Expansion Plans; Now Stock is very valuable at 12/-; Risk is very less.

Positive Points for this stock for Up moving:

1) company Circle people and Operators are accumulating at current price. Because Company Stock Good Value at 12/- Good Profit Making Company and Good Dividend Giving company; Good Book value 15/- .

2) Good News coming out soon. Good Industry

3) 5% Dividend Paying Company.

4) Good Book Value at 15/-.

5) Company having lot of Expansion Plans.

6) For this year Expected Revenue 450 Cr and Net Profit 9Cr EPS 2.5/- PE 4.

7) Company Having good land bank.

Happy Invest ……….. Good Fundamentals and will give good returns from 100% to 300% returns with short and medium terms and Long terms.


" By: Prakash Rao Mumbai "




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